Industry News
Tennessee Pension Fund Pays $10MM for Industrial Ground Lease Acquisition in La Mirada
By Jon Peterson The Tennessee Consolidated Retirement System has paid $10 million to acquire a ground lease on the La Mirada Commerce Center industrial...
stok Leaders Take New Roles to Ensure Strategic Future Growth
Jacob Arlein named Chief Executive Officer; Founder Matt Macko named Chief Strategy Officer SAN FRANCISCO: Apr. 6, 2021: Stok, a provider of sustainability and...
Luzzato Buys Los Angeles’ West Adams Neighborhood Property for $23MM
Newmark Knight Frank (“Newmark”) announces it has arranged the sale of 3317-3325 Exposition Place, an adaptive reuse and creative office building fully leased to The...
RiverRock Real Estate Group Founder Closes $7.5MM Deal for New OC Headquarters
(EDITOR’S NOTE: According to public records, the transaction closed on September 1, 2020 for $7.5 million.) RiverRock Real Estate Group will lead the...
Shopoff Realty Investments Secures $105MM Construction Loan for 1.8MM SQFT Logistics Center in Riverside County
IRVINE, Calif., April 5, 2021 -- Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has secured a $105...
DJM Receives $70MM for Lido Marina Village Recapitalization in Newport Beach
The developer will use new funding from Prime Finance and Arc Capital Partners to finalize the transformation of its waterfront Newport Beach property...
Rancho Santa Fe Professional Center in San Diego Listed for $19.2MM
San Diego – CBRE announced that it has listed a mixed-use property, Rancho Santa Fe Professional Center, in Rancho Santa Fe, Calif. for...
Peregrine Realty Partners Purchases Rancho Bernardo Office Building for $33MM
San Diego – CBRE announced that a Limited Partnership controlled by the principals of Newport Beach, Calif.-based real estate firm Peregrine Realty Partners has purchased The...
PropTech: Zego Acquires Mobile Doorman as it Stakes its Claim in the Proptech Market
By Meghan Hall The pandemic has rapidly increased demand for tenant-based tech platforms, as communication between renters and landlords became almost entirely digitized...
Daryl Carter Elected to BRIDGE Housing Board
SAN FRANCISCO, CA, April 2, 2021—Daryl J. Carter has been elected to the Board of Directors of BRIDGE Housing, a leading nonprofit developer,...
Gemdale Buys The Park Calabasas for $79MM
Newmark Knight Frank (“Newmark”) announces it has arranged the sale of The Park Calabasas, a creative office campus, for $79 million to Gemdale...
San Diego County Wineries Generated Over $37 Million in Sales in 2020, a 19.6% Decline From 2019
Interest in opening new wineries in county has sustained throughout COVID-19 pandemic, despite decline in overall gross sales, demonstrating optimism among wine makers...
